Oriole Company has a May 31 fiscal year end and adjusts accounts annually. Selected transactions in the year included the following: Jan. 2 Sold $24,000 of merchandise to Sapounas Company, terms n/30. The cost of the goods sold was $14,400. Oriole uses the perpetual iriventory system. Fob. 1 Accepted a $24,000, five-month, 5\% promissory note from Sapounas Company for the balance due. (See January 2 transaction.) Interest is payable at maturity. 15 Sold $15,600 of merchandise costing $9,360 to Garrison Company and accepted Garrison's three-month, 5% note in payment. Interest is payable at maturity. Mar. Sold $11,900 of merchandise to Hoffman Co., terms n/30. The cost of the merchandise sold was $7,140. 31 Accrued interest at year end. July 1 Sapounas Company dishonoured its note of February 1. The company is bankrupt and there is no hope of future settlement. 13 Sold $7,200 merchandise costing $4,320 to Weber Enterprises and accepted Weber's $7,200, three-month, 7\% note for the amount due, with interest payable at maturity. settlement. 13 Sold $7,200 merchandise costing $4,320 to Weber Enterprises and accepted Weber's $7,200, three-month, 7\% note for the amount due, with interest payable at maturity. Oct. The Weber Enterprises note was dishonoured. (See July 13 transaction.) It is expected that Weber will eventually pay 13 the amount owed. Record the above transactions. (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entjjes. Record journal entries in the order presented in the problem.) (To record cost of goods sold.) (To record sale on account.) (To record cost of goods sold.) (To record sale on account.) (To record cost of goods sold.) (To record sale on account.) (To record cost of goods sold.) (To record sale on account.) (To record cost of goods sold.)